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Bill > A05107


NY A05107

NY A05107
Imposes an excise tax on sugary drinks; establishes a community health equity fund to utilize the revenues generated by such tax.


summary

Introduced
03/02/2023
In Committee
01/03/2024
Crossed Over
Passed
Dead
12/31/2024

Introduced Session

2023-2024 General Assembly

Bill Summary

AN ACT to amend the tax law and the state finance law, in relation to imposing an excise tax on sugary drinks; and to amend the public health law, in relation to community health benefits

AI Summary

This bill imposes an excise tax on sugary drinks, with different tax rates depending on the amount of sugar content. The revenue generated from this tax will be deposited into a newly established Community Health Equity Fund, which will be used to support various community-based programs and initiatives related to improving access to healthy foods, promoting physical activity, and addressing health disparities. The bill also allows municipalities to impose their own local taxes on sugary drinks. Additionally, the bill establishes a Community Advisory Board on Health Equity to provide recommendations on the allocation of the fund's resources.

Committee Categories

Budget and Finance

Sponsors (3)

Last Action

print number 5107a (on 01/29/2024)

bill text


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